Pre-market Podcast
US Markets see biggest sell-off since Aug 5th.
VIX jumps 33%
SPI down 94
END Of DAY Podcast
ASX 200 closes down 153 Points (1.9%)
Resources fall hard again. Banks ease too.
End of Day Report – Australia’s Economy Grows at Slowest Rate Since 1990s Recession as Households Re
ASX 200 fell 153 points to 7951 (-1.9%) as all sectors suffered after big US and Asian falls. GDP coming in tepid at best did not help sentiment either. Resources were in the seller’s sights with iron ore majors under serious pressure, The Three Amigos showing big losses and FMG falling 8.5% ex dividend too.…
End of Day Report – Australian Consumer Staple Retailers Trade Ex-Dividend, Pulling Benchmark Lower
ASX 200 fell 7 points to close at 8103 (-0.1%). Pre-US trade resuming after the Labor Day holiday. Once again, the banks pushed up, and resources fell down. The Big Bank Basket rose to $245.06 (+1.0%). Other financials did well. MQG was up 1.3% on news that it has sold AirTrunk for $23.5bn. Insurers were…
Pre-Market Report – US Markets Closed Overnight for Labor Day
US markets closed overnight for the Labor Day holiday. The STOXX 600 erased earlier gains slipping 0.02% just after hitting an all-time high on Friday. Blue chip STOXX 50 added 0.30% to close at 4,973, its highest level since mid-July. The German DAX reversed earlier losses, gaining 0.13% closing at a record high for a…
Pre-market Podcast
US Markets Closed
SPI up 4 points.
COL, WES, WOW Ex Dividend
END Of DAY Podcast
ASX 200 drops 7 points in quiet trade.
Banks up – Resources Down as usual
End of Day Report – REA Group Shares Tumble as $8.5 Billion Potential Takeover Target Is Disclosed
ASX 200 rose 18 points to 8113 (+0.2%), heading to an all-time high as banks shook off early nerves and sauntered higher. Just failed to hold the record. CBA up 1.6% and NAB up 1.3%, with the Big Bank Basket up to $242.68 (1.4%). MQG rose 0.6% and insurers also doing well, QBE up 0.9%…
Henry’s Weekend Take
THE WEEK THAT WAS Last week I wrote that I thought we would see all-time highs this week. Close, but no cigar. 50 points away. I am not quite getting my timing right. What is interesting is where the ASX 200 closed the month. Unchanged. It has had a 6.3% rally off the low back…